Financial Highlights

Financial Highlights
2019 FQ1
3/31/2019
2018 FQ1
3/31/2018
Y-Y Ch (%)
2018 FQ4
12/31/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,103,840 994,676 10.97 1,080,617 8.60
Total Net Loans 910,762 783,379 16.26 894,559 7.25
Total Deposits 856,653 796,951 7.49 842,192 6.87
Equity Attributable to Parent Company 119,937 114,919 4.37 117,476 8.38
Total Equity 119,937 114,919 4.37 117,476 8.38
Profitability (%)
Net Income($000) 1,492 1,124 32.74 782 363.17
Net Income Attributable to Parent($000) 1,492 1,124 32.74 782 363.17
ROAA 0.55 0.46 9 bp 0.30 25 bp
Core ROAA 0.60 0.53 7 bp 0.50 10 bp
ROAE 5.05 3.92 113 bp 2.69 236 bp
ROATCE 6.19 5.09 110 bp 3.59 260 bp
Core ROAE 5.53 4.53 100 bp 4.51 102 bp
Net Interest Margin 3.40 3.83 (43) bp 3.44 (4) bp
Reported: Net Interest Margin 3.45 3.83 (38) bp 3.41 4 bp
Efficiency Ratio 75.61 80.84 (523) bp 75.09 52 bp
Noninterest Inc/ Operating Rev 11.15 8.65 250 bp 10.60 55 bp
Balance Sheet Ratios (%)
Loans/ Deposits 107.23 99.24 799 bp 107.11 12 bp
Securities/ Assets 8.14 8.14 0 bp 8.31 (17) bp
Total Equity/ Total Assets 10.87 11.55 (68) bp 10.87 0 bp
Tangible Equity/ Tangible Assets 9.85 10.37 (52) bp 9.82 3 bp
Tang Common Equity/ Tang Assets 9.85 10.37 (52) bp 9.82 3 bp
Asset Quality (%)
NPAs/ Assets 1.14 1.25 (11) bp 1.20 (6) bp
NPA Excl Restructured/ Assets 0.82 0.95 (13) bp 0.81 1 bp
NPAs & 90+ PD/ Assets 1.14 1.25 (11) bp 1.20 (6) bp
NPAs/ Loans & REO 1.36 1.57 (21) bp 1.43 (7) bp
Nonaccrual & 90+ & OREO/ Assets 0.82 0.95 (13) bp 0.81 1 bp
NPAs & 90+ PD/ Loans & REO 1.36 1.57 (21) bp 1.43 (7) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 10.90 11.34 (44) bp 11.45 (55) bp
NCOs/ Avg Loans 0.16 0.09 7 bp 0.12 4 bp
Loan Loss Reserves/ Gross Loans 0.86 1 (14) bp 0.88 (2) bp
Reserves/ NPAs 62.46 63.69 (123) bp 61.17 129 bp
Loan Loss Provision/ NCO 87.71 191.62 (10,391) bp 341.18 (25,347) bp
Per Share Information ($)
Common Shares Outstanding(actual) 13,313,537 13,223,096 0.68 13,201,682 3.39
Avg Diluted Shares(actual) 13,008,817 13,106,214 (0.74) 13,099,707 (2.78)
Basic Book Value per Share 9.01 8.69 3.68 8.90 4.94
Book Value per Share, As Reported 9.01 8.69 3.68 8.90 4.94
Basic Tangible Book Value per Share 8.08 7.70 4.94 7.95 6.54
Tangible Book Value per Share, As Reported 8.11 7.74 4.78 7.98 6.52
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.11 0.09 22.22 0.06 333.33
EPS after Extra Growth(%) 22.20 NM NM NM NM
Core EPS 0.12 0.10 20 0.10 80
Core EPS Growth(%) 15.80 248.70 (23,286) bp NM NM
Diluted EPS before Amortization 0.12 0.11 9.09 0.07 285.71
Pre-Provision Earnings per Share 0.12 0.11 9.09 0.12 0

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.

Copyright © 2019 Bay Banks of Virginia, Inc. All rights reserved.

Terms and Condtions
|Privacy Statement|Mission Statement